International Trust Co. v. Decker Bros.

The essential and ultimate inquiry is whether the court erred in decreeing a sale of the mining properties, in view of the proceedings theretofore had and the administration of the affairs of the defendant .corporations under the receivership, and it is important to a clear understanding and *737solution of the principal question that certain legal principles be first ascertained and determined. As a general rule, “to warrant the interposition of a court of equity by the aid of a receiver it is essential that plaintiff should show, first, either a clear, legal right in himself to the property in…